Tribunals and CommissionsDivision Bench(2019) 08 NCLT CK 0732

Ramubhai S. Patel RP of Varia Engineering Works Pvt. Ltd. vs Bank of Baroda & Anr.

National Company Law Tribunal · Decided on 7 August 2019

HON’BLE JUDGES
Manorama Kumari, Member Judicial · Chockalingam Thirunavukkarasu, Member Technical
CASE NUMBER
IA 362 of 2018 in C.P. (I.B) No. 149/NCLT/AHM/2017

CourtKutchehry membership

More clarity. Every judgment.

Download court copies, explore connected cases and make more of every research session.

Loading membership options…

CourtKutchehry membership

More clarity. Every judgment.

Download court copies, explore connected cases and make more of every research session.

Loading membership options…

Ask AI about this case

AI Structured Summary

Not yet generated for this judgment

Judgment

7 paragraphs · 169 words

ORDER

The parties are represented through their respective learned counsels.

In the instant matter an order was passed under section 33 of the IB Code for the liquidation of the Corporate Debtor on filing of application by the RP.

Since, the name of the Liquidator was not proposed by the Committee of Creditors, as such, this Bench has suggested the name of Mr. Sunil Kumar Agarwal from the list of the panel of the Liquidator. Accordingly, the name of Mr. Sunil Kumar Agarwal has been sent to the IBBI for approval.

In view of the above said proposal by this Bench, the IBBI has verified the name of Mr. Sunil Kumar Agarwal and to consider his name as a Liquidator of the Corporate Debtor in CP(IB) 149/2017.

Accordingly, this Bench has approved the name of Mr. Sunil Kumar Agarwal having Registration No. IBBI/IPA-001/IP-P01390/2018-2019/12178 to act as a Liquidator and do the needful by making public announcement.

Since, the IA has already been disposed of, no further order is required.